Buy or sell stocks, Oct. 30 -- The key benchmark indices of the Indian stock market maintained their positive momentum. The Nifty 50 index closed higher by 118 points, while the Sensex finished 369 points higher on Wednesday. Among sectors, the Oil and Gas index outperformed, rallying over 2.25 per cent, whereas the Capital Market index experienced the most decline, shedding over 1.79 per cent.
Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher, believes the Indian stock market sentiment is positive, as the Nifty 50 index is sustaining above the 26,000 level. However, for further improvement of Dalal Street bias, the key benchmark index needs to break above the immediate hurdle placed at 26,300 on a closing basi...
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